NEW YORK (UPI) — President-elect Donald Trump will tap former banker and Hollywood film producer Steven Mnuchin as his secretary of the treasury, sources close to the transition team said Tuesday.
Trump has filled several Cabinet posts but most remain unoccupied. Sources told news media on Tuesday that Mnuchin’s appointment might officially happen Wednesday.
Mnuchin, 53, worked for nearly 20 years at finance house Goldman Sachs before leaving the banking industry and moving west to enter a new career as a film financier. He went on to found RatPac-Dune Entertainment and produce big-budget films like Avatar (2009) and the X-Men film franchise.
Though Mnuchin has years of finance experience, he has no government experience. He served as the Trump campaign’s finance chair for the past six months.